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DCM Shriram Industries (NSE:DCMSRIND) Days Inventory : 240.89 (As of Mar. 2024)


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What is DCM Shriram Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DCM Shriram Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₹7,395 Mil. DCM Shriram Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,801 Mil. Hence, DCM Shriram Industries's Days Inventory for the three months ended in Mar. 2024 was 240.89.

The historical rank and industry rank for DCM Shriram Industries's Days Inventory or its related term are showing as below:

NSE:DCMSRIND' s Days Inventory Range Over the Past 10 Years
Min: 146.31   Med: 175.51   Max: 204.15
Current: 171.74

During the past 13 years, DCM Shriram Industries's highest Days Inventory was 204.15. The lowest was 146.31. And the median was 175.51.

NSE:DCMSRIND's Days Inventory is ranked worse than
81.71% of 1782 companies
in the Consumer Packaged Goods industry
Industry Median: 83.685 vs NSE:DCMSRIND: 171.74

DCM Shriram Industries's Days Inventory increased from Mar. 2023 (177.71) to Mar. 2024 (240.89). It might indicate that DCM Shriram Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. DCM Shriram Industries's Inventory Turnover for the three months ended in Mar. 2024 was 0.38.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. DCM Shriram Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.47.


DCM Shriram Industries Days Inventory Historical Data

The historical data trend for DCM Shriram Industries's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DCM Shriram Industries Days Inventory Chart

DCM Shriram Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 187.35 174.74 158.74 146.31 204.15

DCM Shriram Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 177.71 180.88 89.56 125.56 240.89

Competitive Comparison of DCM Shriram Industries's Days Inventory

For the Confectioners subindustry, DCM Shriram Industries's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DCM Shriram Industries's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DCM Shriram Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where DCM Shriram Industries's Days Inventory falls into.



DCM Shriram Industries Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

DCM Shriram Industries's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (6348.291 + 7395.4) / 2 ) / 12286.2*365
=6871.8455 / 12286.2*365
=204.15

DCM Shriram Industries's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 7395.4) / 1 ) / 2801.4*365 / 4
=7395.4 / 2801.4*365 / 4
=240.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DCM Shriram Industries  (NSE:DCMSRIND) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

DCM Shriram Industries's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

DCM Shriram Industries's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


DCM Shriram Industries Days Inventory Related Terms

Thank you for viewing the detailed overview of DCM Shriram Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


DCM Shriram Industries (NSE:DCMSRIND) Business Description

Traded in Other Exchanges
Address
18, Barakhamba Road, 5th Floor, Kanchenjunga Building, New Delhi, IND, 110001
DCM Shriram Industries Ltd is engaged in the manufacturing of sugar. The company's operating segment includes Sugar; Industrial fibres and related products and Chemicals. The company generates maximum revenue from the Sugar segment. The sugar segment of the company comprising of sugar, power, and alcohols, the industrial fibers and related products segment comprising of rayon, synthetic yarn, cord, fabric, and others, and the chemicals segment comprising of organics and fine chemicals. Geographically, the company derives a majority of its revenue from India and also has a presence in Europe; China, and the Rest of the World.

DCM Shriram Industries (NSE:DCMSRIND) Headlines

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